United Kingdom | Sunday, 23 November 2008

Bank Articles

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131. Bank close to terms for mortgage intervention
The Bank of England is close to finalising the terms for an intervention in the mortgage market, the Financial Times reported, after leading bankers warned the government on Tuesday over the growing strain on small lenders.
14 Apr 2008
132. Brown to meet bankers ahead of U.S. trip
Prime Minister Gordon Brown is expected to meet UK bank executives on Tuesday ahead of a trip to the United States, sources close to the matter said on Monday, as concern grows over the health of the sector.
14 Apr 2008
133. Bank cuts rates to 5 pct
The Bank of England cut interest rates for the third time in five months on Thursday to cushion the economy from the global credit squeeze, despite persistent worries about rising inflation.
07 Apr 2008
134. RBS said to cut 200 jobs
Royal Bank of Scotland (RBS) has cut 200 jobs this week in parts of its debt and investment banking units most affected by the economic slowdown.
07 Apr 2008
135. Bank set to cut interest rates
A majority of economists expect the Bank of England to cut interest rates on Thursday after a raft of weak economic signals tipped the balance in favour of lower borrowing costs.
07 Apr 2008
136. HSBC exec says sees need for common central bank rules
The chairman of HSBC Holdings, one of the world's biggest banks, said common rules among regulators would help them deal better with crises like the one that has struck banks in recent months.
31 Mar 2008
137. Tucker says Bank can only partly cushion credit blow
The Bank of England aims to cut interest rates gradually to cushion the blow from the credit crunch but may need to let the economy slow to curb inflation, policymaker Paul Tucker said on Wednesday.
31 Mar 2008
138. HSBC launches private banking in China
HSBC Holdings, Europe's largest lender, launched private banking services in China on Monday as foreign banks including Citigroup target the country's fast-growing market for services to wealthy clients.
31 Mar 2008
139. Bankers say mortgage approvals up in Feb
The British Bankers Association (BBA) has said that mortgage approvals rose marginally in February from 43,732 in the previous month to 43,870.
25 Mar 2008
140. Barclays executive's pay and bonus top 21 mln pounds
Bob Diamond, head of investment banking at Barclays, received pay and shares worth over 21 million pounds last year, just down on 2006 but putting him among Europe's highest-paid bankers.
25 Mar 2008
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